1. contact@e-mfp.eu www.e-mfp.eu Building the ChildFinance Movement Luxembourg, European Microfinance Week November 3 rd, 2011 Jared Penner, ChildFinance Education Manager

2. contact@e-mfp.eu www.e-mfp.eu Mission and Vision of the ChildFinance Movement

3. contact@e-mfp.eu www.e-mfp.eu ChildFriendly Banking Certification Criteria 3 Minimum Institutional Requirements The financial institution is licensed under appropriate national laws and regulations The institution is in good standing with its national regulatory authority The institution is covered by a deposit guarantee scheme, if applicable, in the country The institution has a code of conduct with respect to children including staff training and development programs on how to interact with children Certified ChildFriendly Products Non-discriminatory access to products Maximum control by the child within the national legal and regulatory framework Net positive financial return received by the child No penalty in case of withdrawals No or minimal requirements with respect to initial opening deposits No credit facilities related to product Child-friendly communication surrounding the product Financial education component to the product (different levels ranging from educational brochures to “Bank in School programs”)

4. contact@e-mfp.eu www.e-mfp.eu National Advisory Committee Inclusion Taskforce Academia TaskForce Media Taskforce ChildFinance Education Taskforce Technology Taskforce ChildFinance Country Platform Advisory committee steered by Finance Authority Taskforces implement ChildFinance activities

5. contact@e-mfp.eu www.e-mfp.eu Curriculum Development Guide, Not Independent Program Learning Outcomes along Four Levels of Complexity Level 1 – 0-5 years Level 2 – 6-9 years Level 3 – 10-14 years Level 4 – 15+ years 3 Components: 1.Financial Education (OECD, UNCDF): Resources and Use, Planning and Budgeting, Risks and Rewards, Financial Landscape 2.LifeSkills Education (UNICEF, UNESCO): Cognitive Skills, Personal Skills, Interpersonal Skills 3.Livelihoods Education (ILO): Entrepreneurship, Lifepath Mapping ChildFinance Education Core Content Framework

6. contact@e-mfp.eu www.e-mfp.eu Challenges: Sustainability of the ChildFinance Movement and its activities Effective coordination of multiple initiatives Making the business case within the current financial climate Child labour critics / The realities of working children Impact evaluation Please join the ChildFinance Movement!!! Contact jared@childfinance.org or www.childfinanceinternational.orgjared@childfinance.orgwww.childfinanceinternational.org